Two self contained High Street retail units

Occupying a high profile town centre location is this pair of self-contained ground floor, air conditioned retail units. Each property extends to around 500 sq/ft (46.45 sq/m) with tea making and w.c. facilities and lend themselves to a variety of retail trades. No. 22 is currently vacant and No. 20 is leased at a rent of £6,500 although will be vacated at the end of March 2023. Offered for sale on a Virtual Freehold (999 year lease) we believe these will have considerable appeal for start up businesses and therefore offer a sound investment opportunity.

Tenure

Leasehold

Lease Details

Term: 999 years from 1989 (966 years remaining) Annual ground rent amount: To be advised Ground rent review period: To be advised Annual service charge amount: No 20 - £856.11/No 22 - £839.66 Service charge review period: Yearly in April

Viewing

Open Viewing has been scheduled for the morning of Friday 10th March. BOOKING AN APPOINTMENT IS ESSENTIAL. Please contact our Ipswich office to make arrangements.

Energy Efficiency Rating (EPC)

Current Rating E, E

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

East Suffolk Council

Solicitors

Fraser Dawbarns (Kings Lynn), Ref: Tony Cheetham, Tel: 01553 666630

Additional Fees

Buyer's Premium - £900 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.